STELLANTIS NEWS
Coverage of the new company formed from the merger of Fiat Chrysler Automobiles and France's PSA Group.
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The automaker is working to ease dealerships into its ambitious EV rollout, but it has no plans to specify the dollar amounts they'll need to invest as GM and Ford have done.
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Classic Lancias such as the Aurelia and the Stratos lent inspiration to the "Pu+Ra," or pure and radical, design theme. The Stellantis brand's first new models are due in 2024.
Stellantis' factory capacity utilization in China is estimated to fall to 13 percent in 2022 from 43 percent in 2017, LMC says, while other mainstream automakers, including VW, GM, Ford, Mitsubishi and Hyundai, have also seen plant usage decline in the last five years.
The high cost of building electric vehicles in Europe could be offset by lower costs in India, but battery sourcing remains uncertain.
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